Fubon Financial Holding Co., Ltd., commonly known as Fubon Financial, is a leading financial services provider headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly expanded its operations across Asia, particularly in Taiwan and China, solidifying its position in the financial industry. Fubon Financial operates primarily in banking, insurance, and asset management, offering a diverse range of core products and services that cater to both individual and corporate clients. Its unique approach combines innovative financial solutions with a strong commitment to customer service, setting it apart in a competitive market. With a robust market presence, Fubon Financial has achieved notable milestones, including recognition for its financial stability and customer satisfaction. The company continues to enhance its reputation as a trusted partner in the financial sector, driving growth and innovation in the industry.
How does Fubon Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Fubon Financial's score of 83 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Fubon Financial Holdings reported total carbon emissions of approximately 40,260,000 kg CO2e for Scope 1, 41,568,000 kg CO2e for Scope 2, and 33,029,000 kg CO2e for Scope 3 emissions. This represents a total of about 45,594,000 kg CO2e when combining Scope 1 and Scope 2 emissions. The company has set ambitious targets to reduce its emissions, aiming for a 42% reduction by 2030, which includes a 5% reduction in Scope 1 emissions and a 45.5% reduction in Scope 2 emissions. Furthermore, Fubon is committed to achieving net-zero emissions across all scopes by 2050, as part of its "Run For Green" ESG initiative launched in 2021. In 2023, Fubon reported emissions of approximately 8,949,000 kg CO2e for Scope 1, 50,091,000 kg CO2e for Scope 2, and 34,312,000 kg CO2e for Scope 3, indicating a need for continued focus on emission reductions. The company has also pledged to reduce its total operational emissions by 16.9% by 2024, using 2020 as a baseline. Fubon Financial's climate commitments are aligned with the Science Based Targets initiative (SBTi), which includes a target that covers 53% of its total investment and lending activities by monetary value as of 2019. The company is actively working towards these targets, demonstrating a commitment to sustainable practices in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 4,315,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 47,406,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 731,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fubon Financial is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.